Chartered accountants are accounting professionals who handle accounting and tax-related works of organisations such as auditing the financial statements, filing tax returns, and others. Joining a reputed college plays a significant role in easily boosting the knowledge to emerge successful in the exam.
Admission process in CA colleges in India
Candidates can opt for a full-time or part-time course, classroom or online, or correspondence mode of the CA course as per their convenience. Here is the direct admission procedure followed by the best CA colleges in India.
- Candidates must have completed +2 and commerce graduation with at least 55% aggregate score.
- Should have completed MBA or any post-graduation, scoring at least 60% from an open or a recognized university.
iii. Candidates have to pass the Institute of Company Secretaries of India and Institute of Cost Accountants of India’s Intermediate level.
Common Proficiency Test or CPT is the entry-level exam that CA aspirants need to appear in. This will be followed by the intermediate and final exams. CPT is held two times every year, in June and December. And the IPC (Integrated Professional Competence), Final exams are held in May and November every year.
For admission to the CA course through the foundation route, here are the criteria to be met:
- Candidates should have completed Class 12.
- For completing a 4 month study period, they have to register with the Board of Studies
CA fee structure:
There are 35 CA colleges in different states in India. Let us see the fee structure of the best 5 CA colleges:
|College name||Course Fees|
|The Institute of Chartered of India (ICAI), Noida||INR 60000 to INR 70000|
|Zell Education, Mumbai||INR 2.85 lakhs|
|International School of Financial Studies, Secunderabad||INR 33000 to INR 53000|
|CMS for CA, Hyderabad||INR 20000|
|Indian Institute of Finance and Accounts, Pune||INR 45000|
Career opportunities after completing CA course:
Chartered accountants are responsible for maintaining and reviewing a company’s financial health. This is the reason they have good work opportunities in the government as well as private sectors. They can even open their firm for private practice and offer services to clients. Besides this, they also have a good scope of getting work opportunities with the international accounting organisations, retail sector, telecom sector, educational, non-profitable and other Small and Medium Practices.
Higher studies after CA course:
Those who prefer to opt for higher students also have a wide scope available for them. Here are the courses which can be pursued:
- Ph.D. in Accountancy or Taxation
- Chartered Institute of Management Accountants (CIMA)
- Cost Management Accountancy (CMA)
- Cost and Works Accountants (CWA)
- Chartered Financial Analyst (CFA)
- Company Secretary (CS)
- Certified Public Accountant (CPA)
- Certified Information System Auditor (CISA)
- Bachelor of Law
- Financial Risk Management (FRM
This is a mandatory practical training of 3 years which every student has to undergo. It begins after they fulfill the prerequisites of examination, orientation, and training. During the articles, they work on assignments with Chartered accountant firms. Hence they get practical exposure. This also helps them to pursue their entrepreneurship goals, if any.
After completing this, they can work with firms related to the capital market and use their decision-making skills to enhance their profitability project management, banking services, portfolio management, legal services, and mutual funds to work and help firms with their expertise.
Though CA is considered one of the toughest courses, students pursuing it get rewarded with an amazing career ahead once they complete it successfully. To achieve this, the best CA colleges in India play a major role by providing them with the right guidance and helping them thoroughly understand the subjects’ concepts. So it is important to choose a college wisely.